Finney Is Back
Andy Thompson
I wouldn’t dismiss it too quickly. The source had initiated legal action against the PL relating to anti-competition law, specifically in relation to their blocking of PIF.
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Daniel Levy - Chairman
- Thread starter Howard Webb
- Start date
Finney Is Back
Andy Thompson
Another person who automatically decides there is nothing in it as he is so pro ENIC.
parklane1
Tony Galvin
Is that as bad as folks who use any articule ( no matter how dodgy) to have yet another dig at ENIC?.
Bedfordspurs
Chris Waddle
I read it about a month ago
I also heard that we offered the Saudi fund 10% for £300m
Finney Is Back
Andy Thompson
As always you just want to shut down the debate without ever considering that something not painting the owners in the best light might have a grain of truth.Is that as bad as folks who use any articule ( no matter how dodgy) to have yet another dig at ENIC?.
if you post an article showing something favourable our owners have done for Spurs then I wouldn’t just dismiss it as made up nonsense.
Finney Is Back
Andy Thompson
That valuation is absolutely crazy IMO…. I can’t see that it has any basis in reality. The only crumb of comfort is that it does suggest that our owners might be prepared to sell.
Bedfordspurs
Chris Waddle
I think it’s mental
It’s about a £b more than what Id value it at
And there is really good value out there that I’d go for over Tottenham
Leeds
Bristol City (great catchment)
Leicester wouldn’t be that expensive
I'm sure you're aware of how small the obstacles are to taking legal action.
I'd say the opposite.
When people have asked me for a value when I don't want to sell, it's the kind of price inflation I've used.
Bedfordspurs
Chris Waddle
But the very nature of what enic are is to sell
Their an investment organisation
When they're ready.
If they still think there's value to be added (and I think there's plenty) then someone would have to offer them a ridiculous price to sell.
parklane1
Tony Galvin
Rubbish and you know it, you have a fixation about ENIC and how badly they run our club and never miss a chance to spout that fixation. If you can do that then i have the right to say what i think about you and your fixation. Sorry if it does not fit your agenda.
Bedfordspurs
Chris Waddle
How do you add value now?
Factually out value will have decreased due to the level of competition we’re currently in
And we have more debt now than ever before
Finney Is Back
Andy Thompson
I think there are a couple of potential big things left.
1. A super league type competition outside of UEFA (though if it comes around again in a few years’ time we may well be outside of that).
2. Monetisation of streaming and social media.
Finney Is Back
Andy Thompson
Not rubbish at all. You always just throw little personal insults in and never actually add any salient points to the debate.
Bedfordspurs
Chris Waddle
But not to add a £B or more which is how much over valued we are by Enic
Finney Is Back
Andy Thompson
I agree with you, but I wonder whether that valuation may have been prior to the ESL that Levy thought he was taking us into?
An NFL franchise (or longer tie-in), becoming more established as the first (not the new) choice for music and other sporting events.
What the football team does is in the margins in terms of value.
Bedfordspurs
Chris Waddle
An nfl franchise is no where near to happening IMO
Fit it to even been discussed there would need to be an owner from the us willing to lose his franchise which is as rare as a fit and proper prem owner
Finney Is Back
Andy Thompson
The number of non football events is capped and I suspect make a max of £2m profit per event. I would’ve thought this is already factored into any valuation.
The value of the asset will increase once the huge debt we are carrying is paid off however. If Levy can work it so the club pays off a big chunk of the capital over the next (say) 10 years then every £ the club pays off effectively goes into his and Lewis’ pockets when they sell. It’s why I said yesterday that I’d go in quite large in terms of injecting equity if the value was reasonable as I expect the owners will look to pay down the loans.